Miners come up gold for FTSE 100 as London rallies – London Report September 10, 2015 Asian market gains helped the FTSE to rally yesterday for a third straight session – also boosted by encouraging corporate news from mining companies and financial firms. The FTSE 100 index was up 1.4 per cent at 6,229.01 points at its close, still around 12.6 per cent off April’s record high, after uncertainty over China’s [...]
Best of the Brokers for 10 September 2015 September 10, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com AVEVA Panmure Gordon reiterated its “hold” recommendation on the technology firm, which has been “slamdunking the awards” recently, picking up several accolades. “The latest industry endorsement reminds us that Aveva has some great software,” the broker said. Target price is maintained at 1,895p. [...]
MBA courses: Study at home or away? September 10, 2015 In a climate where “global” is the norm, choosing where to study an MBA can be difficult. Gone are the days when high flyers looking for distinction and a salary hike hopped across the pond. Indeed, QS Top MBA research has found that, despite the UK and US remaining the most popular destinations worldwide, MBA [...]
The rise of reward crowdfunding in Europe September 10, 2015 Harriet Green asks Indiegogo’s Anastasia Emmanuel about the platform’s experience in new markets WHAT does the rewards and donation-based crowdfunding sector look like today? Despite having a longer history than equity and debt crowdfunding, the fast-growth of platforms which offer perks and non-monetary rewards in return for investment doesn’t get so much media time. Indiegogo, [...]
As Apple launches the iPhone 6s and iPad Pro: How to stave off robot-redundancy September 10, 2015 Last night, Apple unveiled its latest raft of new gadgets. Quicker and slicker than their predecessors, the company’s annual showcase has become a ceremony which marks the fact that today’s tech will be on tomorrow’s scrapheap. But much like their old products, Apple’s technicians – organic and fallible – are also at risk of [...]
Chris Tremlett’s Cricket Comment: Domestic players to welcome ECB’s proposed changes September 10, 2015 Cricket bosses look set to ratify a significant revamp of domestic cricket at their board meeting later this month and some of the changes are certainly things which players have been consistently advocating for years. The England and Wales Cricket Board’s proposal is to reduce the number of County Championship fixtures from 16 to [...]
UK house prices: Growing gulf between supply and demand is heating up the property market September 10, 2015 House prices could rocket even faster than previously forecast, as research reveals that accelerating demand for homes is coming up against a brick wall of scant supply. Prices are set to climb six per cent this year, the Royal Institution of Chartered Surveyors (RICS) said today, doubling the estimate it made at the start [...]
Think tank: Safeguard rights of non-Euro states September 10, 2015 PROTECTING the interests of non-Eurozone countries should be a key part of Prime Minister David Cameron’s renegotiation efforts with Brussels, a leading think tank has argued. In a new report out today, Open Europe recommends reforms to protect non-Eurozone countries from being outvoted by countries using the single currency. Open Europe’s co-director Stephen Booth said: [...]
Bank officials promise MPs they will revisit MPC code of conduct September 10, 2015 THE BANK of England will give “more serious consideration” to rules about membership of its monetary policy committee (MPC), a senior Bank official told MPs yesterday. Sir Anthony Habgood, chairman of court at the Bank, told members of the influential Treasury Select Committee that given concerns expressed by committee chair Andrew Tyrie, the Bank would [...]
George Osborne’s national living wage under attack September 10, 2015 The government's new national living wage (NLW) will offer little relief to workers, according to a new report by the Institute for Fiscal Studies (IFS). The IFS said any benefits for employees on the new minimum wage would barely offset the negative impact of other changes proposed by chancellor George Osborne to the tax [...]